PILOT

Operated by STEPHENS & JOHNSON OPERATING CO. (P-5 817555) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 231530District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.2 M
Mar 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition254 bbl$24,269
GasProduction368,494 Mcf$2,190,378
Total$2,214,647

Every month this lease reported (231)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

231 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201717043.873.09$746
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016040927.352.36$967
Dec 201501,15832.362.00$2,318
Nov 201501,57738.792.17$3,418
Oct 201501,48243.552.43$3,596
Sep 201501,58842.992.76$4,380
Aug 201501,02640.162.87$2,947
Jul 201501,28448.152.95$3,781
Jun 201501,52956.152.88$4,408
May 2015082755.212.96$2,444
Apr 201501,55549.822.71$4,209
Mar 201501,70142.892.93$4,992
Feb 201501,53344.662.98$4,563
Jan 201501,47543.433.10$4,573
Dec 201401,88554.693.59$6,770
Nov 201401,37270.464.25$5,834
Oct 201401,65078.303.90$6,437
Sep 201401,82386.164.05$7,375
Aug 201401,83789.394.04$7,413
Jul 201402,00796.564.18$8,388
Jun 201401,67398.164.74$7,925
May 201401,83494.734.73$8,669
Apr 2014421,75095.944.81$12,445
Mar 201401,79795.895.06$9,087
Feb 201402,04197.406.19$12,638
Jan 201402,74790.404.86$13,352
Dec 201301,64591.824.35$7,163
Nov 201304688.853.74$172
Oct 201301,77197.423.78$6,693
Sep 201301,724104.113.72$6,409
Aug 201302,161104.253.52$7,612
Jul 201301,106102.523.72$4,112
Jun 201308294.403.93$323
May 2013012394.834.15$510
Apr 201304493.964.28$188
Mar 201301,84693.623.91$7,223
Feb 201301,98491.233.42$6,785
Jan 201301,29791.603.42$4,436
Dec 201202,03086.773.42$6,943
Nov 201201,69786.953.62$6,152
Oct 2012252,46889.383.40$10,625
Sep 201203,06294.672.92$8,936
Aug 201203,26092.662.91$9,481
Jul 201201,77385.133.02$5,356
Jun 201222,43979.822.52$6,304
May 201203,14891.612.49$7,833
Apr 201202,445101.652.00$4,882
Mar 201213,079105.052.22$6,947
Feb 2012532,347101.102.57$11,391
Jan 201202,91898.092.73$7,978
Dec 201102,98396.873.24$9,664
Nov 201103,37295.723.31$11,166
Oct 201102,92184.983.65$10,657
Sep 201104,14783.623.99$16,529
Aug 201102,58583.404.15$10,726
Jul 201151,95894.144.52$9,315
Jun 2011022292.904.64$1,030
May 201101,51198.134.40$6,656
Apr 201103,226105.964.33$13,979
Mar 201103,37596.364.06$13,694
Feb 201101,46885.644.18$6,136
Jan 201152,28386.504.59$10,909
Dec 201003,30385.734.35$14,361
Nov 201003,05280.843.80$11,583
Oct 201002,22978.103.51$7,821
Sep 201001,49672.633.98$5,953
Aug 2010172,52273.684.42$12,398
Jul 201001,51472.554.74$7,171
Jun 201001,94470.364.91$9,546
May 201001,98371.124.24$8,398
Apr 201002,26181.694.12$9,321
Mar 201002,30178.394.39$10,098
Feb 201003,56473.585.44$19,397
Jan 2010083674.365.96$4,986
Dec 200902,27571.445.48$12,476
Nov 200902,02474.593.75$7,593
Oct 200902,68872.544.11$11,048
Sep 200902,89665.543.06$8,876
Aug 2009184,04567.423.22$14,232
Jul 200903,15261.133.46$10,920
Jun 200903,02166.163.90$11,767
May 200903,47854.743.93$13,654
Apr 200902,66246.773.59$9,550
Mar 200903,26942.144.06$13,269
Feb 200903,89032.814.63$18,022
Jan 200904,17935.865.37$22,445
Dec 200804,60337.105.98$27,513
Nov 200844,14855.496.86$28,679
Oct 200803,68575.246.92$25,508
Sep 200803,990101.767.88$31,430
Aug 200883,370114.228.48$29,502
Jul 200814,499131.0811.39$51,372
Jun 2008334,869131.3313.03$67,790
May 2008105,468123.1711.57$64,520
Apr 20081312,842110.3110.45$135,695
Mar 200806,375101.909.66$61,608
Feb 200807,09092.538.77$62,183
Jan 200805,94790.388.21$48,799
Dec 2007012,15088.337.30$88,719
Nov 2007016,02091.677.29$116,813
Oct 2007012,12082.856.92$83,894
Sep 200708,69275.846.24$54,274
Aug 200708,46169.066.39$54,048
Jul 2007012,31270.906.39$78,648
Jun 2007014,39262.007.55$108,637
May 2007015,12658.747.85$118,683
Apr 2007020,27059.617.81$158,211
Mar 200703,37556.927.30$24,644

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jul 2017 — as filed, then multipliedworked
Condensate            17 bbl  × $ 43.87 =       $746
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                     $746

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/231530 is the state's own key, not one this site invented.